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Topic: Will it fall? - page 9. (Read 1237 times)

copper member
Activity: 252
Merit: 6
October 25, 2018, 04:51:19 PM
#8
No mate. They have whole different reasons. Crypto market as of now is growing and going down on speculation and hype. Stock market is completely different. I don't have much info in the stock market since I don't trade in there but I've been following it a little on the news and has other reasons
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
October 25, 2018, 04:45:28 PM
#7
The stock market is now experiencing a good collapse. Last time such a collapse affected the crypto-currency market. Do you think the collapse will affect this time?

Bitcoin and other cryptocurrencies don't have a direct or indirect correlation to the stock market.

Last year when it crashed btc was in bull run. This year both crashed together.

I believe that a panic in stock market may lead to another bull run, as investors will want to look for different risks to protect their capital.
sr. member
Activity: 1442
Merit: 265
October 25, 2018, 04:23:10 PM
#6
There is hardly any connection betweek stock exchange and crypto so i do not think there will be any effect rather i think that crypto is an alternative for traditional stock and investments so if any uncertainty or recession occurs in traditional stocks we may see investors moving from stock to crypto that can give crypto market some nice boost.
full member
Activity: 518
Merit: 105
October 25, 2018, 12:48:27 PM
#5
I do not think that someone will be able to accurately answer your question. Because any answer will be simple fortune telling. Now there are a lot of fake analysts who call themselves experts and try to predict the behavior of cryptocurrencies, but due to the fact that now it is a very speculative market, because large volumes of Bitcoin are in the hands of exchanges and they move the price.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
October 25, 2018, 10:56:53 AM
#4
The stock market is now experiencing a good collapse. Last time such a collapse affected the crypto-currency market. Do you think the collapse will affect this time?
Not sure about that and have you seen a sign that showed if there was a relationship between the crypto and stock market? As far as i know the collapse of stock market will affect the sentiment of the speculators and investors in the cryptocurrency. that gives a little impact but it doesn't give a direct impact to the crypto because it's not having any correlation on the development. crypto is really different compared with stock market.
full member
Activity: 644
Merit: 100
October 25, 2018, 10:47:57 AM
#3
IMHO it can fall if it will be total panic on the stock market, but not for a long time. We already near the bottom.
member
Activity: 216
Merit: 10
Best solution for smart cities
October 25, 2018, 10:26:23 AM
#2
I don't think so and there is no connection between the both, but they will find solutions to minimize the risks they have gained on the stock market and therefore this allows traders in the stock market to switch to the crypto market.
jr. member
Activity: 157
Merit: 1
October 25, 2018, 10:22:24 AM
#1
The stock market is now experiencing a good collapse. Last time such a collapse affected the crypto-currency market. Do you think the collapse will affect this time?
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